20/12/2021

Short-term effects of COVID-19 on digital infrastructure in developing countries

The COVID-19 pandemic has increased the need for digital communications and has had a significant impact on the digital infrastructure sector. Among these effects is the increased demand for high-quality digital communications caused by falling telecommunications prices in some countries and an increase in network capacity in others, against the background of the growing digital divide in developing countries before the pandemic. The note by the International Finance Corporation uses data from industry sources and surveys of digital infrastructure companies to assess the short-term impact of COVID-19 on digital infrastructure in developing countries. At the end of the note, new trends and their significance for public policy, corporate and investment strategies to support the development of digital infrastructure in developing countries are discussed.

To read in the priamary source

06/12/2021

Infrastructure monitoring 2021

"Infrastructure Monitoring 2021", presented by Global Infrastructure Hub, contains an analysis of global private investment in infrastructure by region, countries with different income levels and infrastructure sectors, and also examines the effectiveness of infrastructure investment. The 2021 edition focuses on environmental, social and management factors (ESG) when investing in infrastructure, and also examines aspects of project preparation and the impact of COVID-19.

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15/11/2021

Co-investing in Infrastructure: A guide for institutional investors

The guidelines prepared by the Pacific Islands Investment Forum (PIIF) and the International Finance Corporation identify six options for organizing joint investments that can channel long-term capital into attractive investment (including infrastructure) projects in the Pacific region. This guide is intended not only for PIIF members, but also for other institutional investors and their advisors when considering various joint investment options. It is designed to facilitate large cross-border investments that stimulate climate-safe development and economic growth in the Pacific region and beyond.

 

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08/11/2021

Promising scenarios of climate finance provided by developed countries in 2021-2025

The OECD note presents two promising scenarios for climate finance provided by developed countries. The analysis of public financing to combat climate change is based on the stated intentions, promises and objectives of individual developed countries and multilateral development banks. These two scenarios include further assumptions about both the level of private financing attracted by public investments and the level of export credits related to climate change.

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01/11/2021

The leaders of the G20 countries noted the importance of investing in high-quality infrastructure in economic recovery

The leaders of the G20 countries believe that investments in high-quality infrastructure play a crucial role at the stage of economic recovery, follows from the communique following the summit, which was held on October 30-31 in Rome.

"We are aware of the crucial role of investments in high-quality infrastructure at the recovery stage. We recognize that sustainable, properly funded and optimally managed systems are necessary to preserve infrastructure assets throughout their life cycle, minimize losses and failures, and ensure the provision of safe, reliable and high-quality infrastructure services," the document says.

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01/11/2021

Proposals for the agenda of the Second UK National Infrastructure Assessment

The Institute of Civil Engineers of Great Britain has formulated proposals for the second National Assessment of the UK infrastructure, which is planned to be carried out in 2023. The review presents 4 main challenges that need to be taken into account when assessing infrastructure - global climate change, the COVID-19 pandemic, taking into account regional inequality and digitalization.

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25/10/2021

Social infrastructure - from challenges to opportunities for investors

The LTIIA report explores the widening infrastructure gap and analyzes how we can increase private investment in social infrastructure in both developed and developing countries to narrow the gap and meet the needs of a growing population.

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04/10/2021

Investing in sustainable telecommunications

More than 90% of the 1 million communication facilities that are not connected to the power grid are powered by diesel generators that emit more than 45 million tons of CO2 per year. The mobile communications industry has committed to achieving zero greenhouse gas emissions by 2050.

The report of the International Finance Corporation sheds light on a new group of companies - TESCO (telecommunications energy companies), which are replacing diesel-powered communication facilities with facilities operating with hybrid renewable energy sources. The report gives an idea of the growth prospects of the TESCO market worldwide.

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13/09/2021

Development financing - attracting private capital and institutional investors

The report prepared for the Association of Long-term Infrastructure Investors discusses key issues related to attracting private capital for development purposes. The investment needs are huge, especially for investments in infrastructure, climate and other investments related to the SDGs. External financing for developing countries stagnated in the years leading up to the pandemic, followed by a serious decline in 2020-2021. Particular attention is paid to institutional investors whose interest in developing countries is still very low - especially assets and projects that are not listed on the stock exchange. There is potential for growth as asset owners look for new diversification opportunities in growing markets.

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7/09/2021

The World Bank will present a Guide on Legal Regulation in the field of PPP (World Bank PHP Legal Framework Guide, 2021)

Regardless of whether it is documented in a separate law or in a set of legal documents, there are a number of key features that, as a rule, regulate PPPs around the world and are the best international practice.
This guide is intended to provide a basis for further discussion of the PPP legal framework, taking into account the new market realities after COVID-19.

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17/08/2021

The impact of COVID-19 on PPP projects in the world: new approaches in the regulation, planning, preparation and implementation of projects

Dentons ' team of international experts in the field of PPP and infrastructure has prepared drafts of two large – scale documents for the World Bank Group- the World Bank PPP Legal Frameworks Guide (2021) and the next part of the World Bank's Practical Recommendations on the COVID-19 and PPP pandemic (COVID-19 and Public-Private Partnerships Practice Note, 2021).

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16/07/2021

Closing the infrastructure gap

The coronavirus pandemic is an unprecedented global problem for the economy and health. This problem was particularly acute in emerging and developing economies, where investment needed to be redirected away from long-term priorities, such as infrastructure. Nevertheless, the development of a sustainable and high-quality infrastructure can strengthen the response to the pandemic today and contribute to economic recovery in the long term.

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09/07/2021

Development of PPP in infrastructure

Investments in infrastructure can become the driving force of the economic recovery after the COVID-19 pandemic in the context of reduced budget revenues. PPP can increase the efficiency of investments with careful design and avoid unnecessary fiscal risks that arise in all infrastructure projects. The IMF review examines the advantages and disadvantages of PPPs, discusses the "fiscal illusions" that affect them, and also identifies a variety of fiscal risks and considers ways to manage them.

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28/06/2021

Overview of the EBRD's activities in 2020

The 2020 review describes the impact of the EBRD's investments, projects and policies in the context of the Covid-19 pandemic, as well as describes the achievements of the EBRD in key sectors and initiatives. In 2020, the bank invested a record 11 billion euros in 411 projects, responding to the consequences of the pandemic. The annual review shows the role of the EBRD in improving competitiveness, manageability, environmental friendliness, inclusiveness

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08/06/2021

Global Infrastructure Hub joins new consortium to champion and accelerate transformative infrastructure

Sidewalk Infrastructure Partners (SIP) and a set of founding partners, have recently launched the Innovative Infrastructure Initiative (I³); a new consortium championing and accelerating transformative infrastructure projects in America that use technology and innovation to meet pressing infrastructure needs.
 

The core objectives and initiatives of I³ include:

  • Advancing and transforming infrastructure projects

  • Creating a productive environment for innovative and focused public and private sector collaboration

  • Responding to urgent social and environmental infrastructure-related challenges
     

As an organisation that champions sustainable, resilient and inclusive infrastructure growth, the Global Infrastructure Hub welcomes this new partnership and their active involvement in I³. The Global Infrastructure Hub’s Senior Advisor, Denis Crevier and Partnerships Manager, Daniel Galle will represent the Global Infrastructure Hub in this new consortium.

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28/05/2021

UNECE and partners explore opportunities to finance Water-Food-Energy-Ecosystems Nexus projects in the Western Balkans

Integrated management of water, energy and land resources, while protecting ecosystems, remains a substantial challenge in the Western Balkans. The Water-Food-Energy-Ecosystems (WEFE) Nexus approach offers solutions that can reconcile potentially conflicting interests as they compete for the same scarce resources, while capturing existing opportunities and exploring emerging ones. When successfully applied, Nexus solutions can lead to the enhancement of water, energy and food security, while preserving ecosystems and their functions, importantly also in transboundary river basins.

A range of cross-sectoral solutions, from infrastructure to integrated strategic planning frameworks, to address resource management tradeoffs were discussed on 26 May 2021 at the meeting on “Nexus Solutions and Investments in the Western Balkans”, co-organised by UNECE, Global Water Partnership Mediterranean (GWP-Med), and the European Investment Bank (EIB).

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17/05/2021

Commission welcomes agreement on the Connecting Europe Facility to fund greener, more sustainable transport and energy networks, and digitalisation

The European Commission welcomes the agreement reached by the European Parliament and the Council on the Connecting Europe Facility (CEF) proposal, worth €33.7 billion, as part of the next long-term EU budget 2021-2027.

The Connecting Europe Facility programme supports investment in Europe's transport, energy and digital infrastructure networks. It will support the twin green and digital transition, by contributing to the ambitious targets for the European Green Deal and the Digital Decade.

It will support the goals of the Smart and Sustainable Mobility Strategy laying the foundation for how the EU transport system can achieve its green and digital transformation and become more resilient to future crises. As outlined in the European Green Deal, the result will be a 90% cut in emissions by 2050, delivered by a smart, competitive, safe, accessible and affordable transport system. It will also prioritise environmentally friendly modes such as rail and the development of charging points for vehicles using alternative fuels.

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10/05/2021

EBRD, EIB and PROPARCO provide €87.4 million for construction of Total Eren’s solar power plant in Uzbekistan

The government of Uzbekistan’s plans to develop 8 GW of solar and wind capacity by 2030 have received a major boost following the approval of an €87.4 million financing package jointly organised by, the European Bank for Reconstruction and Development (EBRD), the European investment Bank (EIB) and PROPARCO, a subsidiary of Agence Française de Développement. The funds will be used to construct and put into operation a 100 MW photovoltaic solar power plant near the city of Samarkand.
 

The package will be provided to project developer Tutly Solar LLC, which is fully owned by Total Eren, a leading France-based independent power producer (IPP) from renewable energy sources (mainly solar and wind), active globally. It will consist of an EIB loan of €43.7 million and two loans of approximately €21.8 million each from the EBRD and PROPARCO.

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29/04/2021

European Structural and Investment Funds: spending doubled in 2019-2020

The rate of investment of the five European Structural and Investment Funds (ESI Funds) in the European Union has accelerated significantly in the past two years, from 28% of the total envelope in 2018 to 56% at the end of 2020, according to a report published today by the Commission.
 

This significant increase in spending in 2020 shows that, despite the exceptional circumstances of the coronavirus crisis, the use of structural funds supporting investment in Europe's regions has accelerated. This was partly the result of the flexibility introduced in the Cohesion policy legislation provided by the Coronavirus Response Investment initiatives (CRII and CRII+) allowing Member States to redirect unspent resources to the areas most in need of support.

 

Thanks to this measure, more than €22 billion were used to support healthcare sectors, SMEs, employment and vulnerable population groups in almost all Member States with the additional possibility of benefiting from a 100% EU co-financing rate.

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06/04/2021

UNECE supports Ukraine’s efforts to align PPP projects with the SDGs

The Government of Ukraine is currently implementing a broad policy agenda aimed at achieving the Sustainable Development Goals (SDGs) and pursuing a resilient, inclusive and sustainable post-COVID recovery. UNECE, together with UNDP, UNICEF and WHO, is supporting these efforts through a Joint Programme “Promoting strategic planning and financing for sustainable development on national and regional level in Ukraine”.
 

One of the possible mechanisms for financing the SDGs are Public-Private Partnerships (PPPs). PPPs, explicitly referred to in SDG 17 on the global partnership for sustainable development, can help bridge investment gaps by mobilizing private funds into infrastructure development. Through its ‘People-first’ approach to PPPs, adopted in 2019, UNECE supports countries pursuing the SDGs by putting people’s interest at the core of infrastructure projects to generate ‘value for people’.

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12/03/2021

Commission welcomes agreement on the Connecting Europe Facility to fund greener, more sustainable transport and energy networks, and digitalisation

The European Commission welcomes the agreement reached by the European Parliament and the Council on the Connecting Europe Facility (CEF) proposal, worth €33.7 billion, as part of the next long-term EU budget 2021-2027.

The Connecting Europe Facility programme supports investment in Europe's transport, energy and digital infrastructure networks. It will support the twin green and digital transition, by contributing to the ambitious targets for the European Green Deal and the Digital Decade.

It will support the goals of the Smart and Sustainable Mobility Strategy laying the foundation for how the EU transport system can achieve its green and digital transformation and become more resilient to future crises.

 

As outlined in the European Green Deal, the result will be a 90% cut in emissions by 2050, delivered by a smart, competitive, safe, accessible and affordable transport system. It will also prioritise environmentally friendly modes such as rail and the development of charging points for vehicles using alternative fuels.

To read news in the primary source

05/03/2021

A 2021 Infrastructure Australia Priority List focuses on export gateways, renewable energy, water security and regional infrastructure to support economic recovery

Last month Infrastructure Australia released its infrastructure Priority List for 2021, revealing a record number of new investment opportunities, with 44 new proposals added to the list in response to COVID-19. A $59 billion project pipeline was identified, with six high priority projects, 17 priority projects, 48 high project initiatives and 109 priority initiatives.

For the first time, the list focused on renewables at a national level, increasing renewable energy generation and firming generation for energy network security. Priorities have also shifted to accommodate for regional infrastructure projects including enabling digital health services in regional areas.

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11/02/2021

Innovation will be Central to the diversification of Azerbaijan's economy, according to a study UNECE

In recent years, Azerbaijan has taken a number of important steps towards the development of innovations.

A national innovation strategy is being developed, and State bodies responsible for innovation policy, such as the Innovation Agency, are being created. Azerbaijan has made progress in the development of digital state platforms.


In addition, there is an active implementation of PPP projects aimed at infrastructure development. The extension of government guarantees for innovative startups. Digitalization is a priority for the country, including initiatives to improve e-government, access to and use of data, as well as getting business services from the government (G2B).

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03/02/2021

Infra Challenge 2021 invites participants from all over the world to present their solutions in the field of sustainable infrastructure development

InfraChallenge 2021-the global innovation competition has already started. The application deadline is March 12, 2021 at 11.59 pm ET. 

Infra Challenge is looking for practical and scalable technology ideas to develop a sustainable infrastructure. Sustainable infrastructure is essential for people's quality of life and has a significant impact on achieving the SDGs (Sustainable Development Goals).

This year's InfraChallenge is part of the infrastructure agenda of Italy's G20 presidency for 2021. The annual InfraChallenge, organized by the Global Infrastructure Hub (Github) and supported by the Italian G20 Presidency, is open to all industries around the world.

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28/01/2021

UNECE’s e-Basel standard set to support sound international movement of hazardous and plastic waste

The generation of hazardous waste increased from an estimated 259 metric tonnes in 2007 to 394 metric tonnes in 2015; the most significant increases were from lower middle-income and higher middle-income countries and despite policy efforts, waste continues to increase in both absolute and per capita levels in most economies in the UNECE region.
Scientists have predicted a 100 percent increase in plastic debris by 2030; this increase is likely to worsen due to the consumption of single-use plastic during the COVID-19 pandemic.In today’s globalized world, the international movement and trade of waste can unlock gains in efficiency and scale, which can also contribute to the circular economy.On 20 January 2021, the Basel Convention Secretariat convened a workshop on electronic approaches to the notification and movement documents, with participation by experts from Parties and observers from all world regions.​Developments and activities on e-Basel are bound to become even more prominent with the entry into force of the Basel Convention’s Plastic Waste Amendments on 1st January 2021, obliging member States to accelerate efforts to ensure plastic wastes are traded only with countries with facilities for their environmentally sound management.

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18/12/2021

Dutch District Heating Gets Green Acceleration

Hvc Groep, a sustainable energy and waste company in the Netherlands, has signed a 15-year € 50 million loan agreement with the European Investment Bank. The EIB is financed through the European Fund for Strategic Investment (EFSI) Investment Plan for Europe. HVC will use this loan to implement its investment projects from 2020 to 2024. The projects include the expansion of existing district heating networks in Alkmaar and Dordrecht, as well as investments in geothermal sources for heating greenhouses in the Westland region.
 

 

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12/01/2021

Portugal: EIB and BPI provide EDP Renováveis with €112 million to construct and operate two wind farms with a total capacity of 125 MW

The wind farms are located in the districts of Coimbra and Guarda, in the west and north of the country. 560 jobs expected to be created during the implementation phase. The EIB financing is backed by the European Fund for Strategic Investments (EFSI). With the support of the EIB, EDPR will design, construct and operate two medium-scale wind farms: Tocha II, with a capacity of 33 MW, and Sincelo, with a capacity of 92 MW. Once operational, the two wind farms will contribute to Portugal meeting its Energy and Climate Plan targets, which foresee 47% of renewable sources in gross final energy consumption by 2030, as well as the European Commission's binding target of having at least 32% of final energy consumption coming from renewable sources by 2030.

 

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16/12/20

A new PPP project in agriculture and bio-economy started in Portugal

The Agrolux project aims to introduce several high-tech food production facilities in urban centers and promote social integration of more vulnerable groups. The project is at the stage of structuring.

 

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23/11/2020

G20 Leaders’ Summit affirms role of infrastructure investment in recovery and future ESG outcomes

The summit approved an updated action plan and a second report reflecting progress in implementing the G20 agenda and priorities for the Saudi presidency. Importantly, the leaders' declaration also reaffirms the role of infrastructure investment in economic recovery. The work of the Global Infrastructure Hub (GI Hub) under the G20 Action Plan has shown that investment in infrastructure is an important element in driving economic recovery. Infrastructure development has a positive short-term impact on labor productivity and employment, and creates conditions for long-term economic growth.


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